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27-31 Rue De Fontarabie 2,744 SF Office Condo Unit Offered at $1,605,689 in 75020 Paris
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Investment Highlights
- Lively and well-served neighborhood
- Close to metro and ring road
- Secure building with a concierge
Executive Summary
Located in a secure and well-maintained residence of good standing, this recent mixed-use building offers a pleasant professional environment that complies with ERP standards. Access is secured by a digital code, and the presence of a caretaker enhances security. The neighborhood is dynamic and well-served, situated near the Alexandre Dumas (line 2) and Maraîchers (line 9) metro stations, as well as the T3b tramway. Major routes like the A3 and the ring road are easily accessible. Numerous shops, restaurants, and services are just steps away, ensuring a convenient environment for employees and visitors.
Property Facts
| Total Building Size | 433,549 SF | Floors | 14 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 30,968 SF |
| Property Subtype | Apartment | Year Built | 1970 |
| Building Class | C | Lot Size | 3.00 AC |
| Total Building Size | 433,549 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 14 |
| Typical Floor Size | 30,968 SF |
| Year Built | 1970 |
| Lot Size | 3.00 AC |
Amenities
Unit Amenities
- Security System
Site Amenities
- Controlled Access
- Concierge
- Courtyard
- Security System
- Wheelchair Accessible
1 Unit Available
Unit Lot 1
| Unit Size | 2,744 SF | Sale Type | Investment or Owner User |
| Price | $1,605,689 | Cap Rate | 4.45% |
| Price Per SF | $585.16 | NOI | $71,446.26 |
| Condo Use | Office | APN/Parcel ID | 75120000CX0052 |
| Unit Size | 2,744 SF |
| Price | $1,605,689 |
| Price Per SF | $585.16 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.45% |
| NOI | $71,446.26 |
| APN/Parcel ID | 75120000CX0052 |
Description
Offices for sale Marie de Miribel (Tram T3b) of 255 m²
Located in the heart of 20? arrondissement of Paris, these offices on the ground floor overlooking the courtyard, with an area of 255 m², are located in a mixed and secure building. Ideal for training organizations, associations or companies receiving the public, this space offers great flexibility in layout thanks to its low load carrying constraints and its surrounding calm.
The premises, compliant with ERP 5 standards and accessible to PMR, have services adapted to a diversified professional activity: kitchen area, M/F sanitary facilities, false ceilings, and existing computer cabling. An archive room of 44.35 m² is also available at an additional cost.
Financial and legal conditions:
Carrez area: 249.10 m².
Sales price: €1,484,000 including VAT (6% fees included).
Charges: 55.68 €/m²/year excluding VAT.
Property tax: €20.12/m²/year.
Sale Notes
This property presents an attractive profile for investors and users seeking a secure and high-performing asset. The profitability is supported by a solid net operating income, reflecting stable cash flows and good cost management. The applied capitalization rate confirms a valuation consistent with market standards for this type of asset, offering a balance between return and asset quality. This setup makes it a rare opportunity for a headquarters or a public-facing activity, with potential for medium-term appreciation.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 284 | - | - |
Presented by
27-31 Rue De Fontarabie
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